Schumer to force vote on U.S. decision to lift sanctions on Russia firms




  • In Politics
  • 2019-01-13 03:31:46Z
  • By Reuters
Schumer to force vote on U.S. decision to lift sanctions on Russia firms
Schumer to force vote on U.S. decision to lift sanctions on Russia firms  

WASHINGTON, Jan 13 (Reuters) - U.S. Senate Democratic Leader Chuck Schumer said on Saturday he will force a vote soon on a resolution to disapprove the Trump administration's decision to relax sanctions on three Russian companies connected to oligarch Oleg Deripaska.

"I have concluded that the Treasury Department's proposal is flawed and fails to sufficiently limit Oleg Deripaska's control and influence of these companies and the Senate should move to block this misguided effort by the Trump Administration and keep these sanctions in place," Schumer said in a news release.

The U.S. Treasury announced on Dec. 20 that it would lift sanctions imposed in April on the core businesses of Deripaska, including aluminum giant Rusal its parent En+ and power firm EuroSibEnergo, watering down the toughest penalties imposed since Moscow's 2014 annexation of Crimea.

After lobbying by European governments that followed the imposition of sanctions, Washington postponed enforcement of the sanctions and started talks with Deripaska's team on removing Rusal and En+ from the blacklist if he ceded control of Rusal.

The businessman, who has close ties to the Kremlin, also had ties with Paul Manafort, Trump's former campaign manager, documents have showed.

An FBI agent said in an affidavit attached to a 2017 search warrant unsealed earlier this year that he had reviewed tax returns for a company controlled by Manafort and his wife that showed a $10 million loan from a Russian lender identified as Deripaska.

On Thursday, U.S. Treasury Secretary Steven Mnuchin insisted that the Trump administration would keep tight control on companies linked to Deripaska, despite the decision to ease restrictions.

Mnuchin said the firms would face consequences including the reimposition of sanctions if they failed to comply with the terms.

Schumer said given Deripaska's potential involvement with Manafort, and since special counsel Robert Mueller's investigation into Trump's ties with Russia has not yet concluded, "It's all the more reason these sanctions must remain in place."

Passage of the resolution of disapproval of Treasury's decision would require the approval of both the Democratic-majority house and the Senate, led by Trump's fellow Republicans who are unlikely to break with his policy. (Reporting by Karen Freifeld and Timothy Gardner; Editing by Kim Coghill)

COMMENTS

More Related News

Trump wants California to pay back billions for bullet train
Trump wants California to pay back billions for bullet train

SACRAMENTO, Calif. (AP) - The Trump administration said Tuesday that it plans to cancel $929 million awarded to California's high-speed rail project and wants the state to return an additional $2.5 billion that it has already spent.

Trump Seeks to Take Back Funds From California Rail Project
Trump Seeks to Take Back Funds From California Rail Project

In addition, the U.S. Transportation Department said it was exploring legal options to recoup $2.5 billion in federal funds already granted to the project by the Federal Railroad Administration, according to a DOT statement. Initially conceived as connecting San Francisco and Los Angeles with a high-speed

Flynn pushed to share nuclear tech with Saudis, report says
Flynn pushed to share nuclear tech with Saudis, report says
  • World
  • 2019-02-19 18:58:10Z

WASHINGTON (AP) - Senior White House officials pushed a project to share nuclear power technology with Saudi Arabia despite the objections of ethics and national security officials, according to a new congressional report citing whistleblowers within the administration.

Deputy Attorney General Rosenstein to step down in March: official
Deputy Attorney General Rosenstein to step down in March: official

Rosenstein had been expected to depart shortly after new Attorney General William Barr assumed office. Barr was confirmed for the role by the U.S. Senate last week. The Justice official said Rosenstein's departure was not related to renewed allegations that he considered wearing a wire in meetings with Trump and using the 25th amendment of the U.S. Constitution to remove the president from office.

Trump Courts 2020 Hispanic Vote in Miami With Venezuela Remarks
Trump Courts 2020 Hispanic Vote in Miami With Venezuela Remarks

The remarks at Florida International University on Monday afternoon, in the heart of this immigrant community, come weeks after National Assembly leader Juan Guaido declared himself interim president and just days after the U.S. imposed new sanctions on five additional Maduro associates. Guaido on Jan. 23 declared himself the country's leader until a free election can be called, asking the Venezuelan military to help him, and saying Maduro's 2018 re-election was illegitimate. The U.S. has recognized Guaido and is pushing Venezuela's military to get behind him as part of an international effort to force out Maduro.

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: Politics

facebook
Hit "Like"
Don't miss any important news
Thanks, you don't need to show me this anymore.